China’s banking sector’s non-performing loan (NPL) ratio was at 1.79per cent at the end of March, down 0.03 percentage points from the start of the year, the country’s banking and insurance regulator …
Monthly Archives For April 2022
How Can Finance Help China’s Heavy Industries Decarbonize?
China’s steel industry has pushed back its timetable for reaching peak carbon, from 2025 to 2030, highlighting uncertainties over its ability to slash emissions in the longer term. On 7 February, …
China’s Leadership Sounds Alarm On Economy
We need to be highly vigilant for unexpected changes in the international and domestic situations, and downward economic pressure has further mounted,” China’s No 2 official told a symposium in …
Shanghai Lockdown: 28 thousand corona cases in a day in China
There is an uproar in China due to Corona. Due to the lockdown in Shanghai, people are getting one time food. In such a situation, the condition of the people is getting worse. Watch the…
China Resources Weighing $1 Billion IPO of C’estbon Bottled Water Unit
China Resources Holdings Co. is considering a Hong Kong initial public offering of its bottled water unit that could raise as much as $1 billion, according to people with knowledge of the matter. The …
China sees massive spike in COVID-19 cases, despite lockdown Shanghai reports record-high new infections
China’s economic hub Shanghai reported 3,200 confirmed locally transmitted COVID-19 cases and 19,872 local asymptomatic carriers on Thursday …
China sees record surge in Covid-19 cases in Shanghai amid growing public anger
China’s economic hub Shanghai reported 3,200 confirmed locally transmitted Covid-19 cases and 19,872 local asymptomatic carriers on Thursday, the municipal health commission said on Friday.
China reports 3,472 new local COVID-19 cases
China on Thursday reported 3472 locally transmitted confirmed COVID-19 cases the National Health Commission NHC said on Friday …
Xpeng CEO warns China automakers face production suspensions in May
“at-above-post addthis_tool” data-url=” (Reuters) -Automakers in China may have to suspend production in May if suppliers in Shanghai and surrounding areas are not able to resume work, He Xiaopeng, …
China March new home prices stall again as COVID damps sentiment
“at-above-post addthis_tool” data-url=” (Reuters) -Growth in new home prices in China was flat again in March versus the previous month, government data showed on Friday, pointing to fragile demand as …
As COVID-19 Infections Rise, Lockdowns Are Spreading in China Along With Public Irritation
Anti-virus controls that have shut down some of China’s biggest cities and fueled public irritation are spreading as infections rise, hurting a weak economy and prompting warnings of possible global …
COVID Update: Cases Down in Guangzhou, One in Shenzhen
Guangzhou has seen a decrease in COVID-19 numbers for the second time this week, while Shenzhen reports 26 imported cases from Hong Kong.
China keeps medium-term policy rate unchanged, but markets expect more easing
China’s central bank kept borrowing costs of its medium-term policy loan unchanged for the third straight month as expected on Friday, despite Beijing calling for more monetary stimulus to cushion an …
